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January 15, 2025
 

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JAPAN POST

Japan Post was asked by a subcontractor entrusted with Yu-Pack parcel deliveries to raise the commission fees it paid, in light of rising costs, but Japan Post left subcontracting fees unchanged without discussion.
BUSINESS / Companies
Jan 8, 2025
Japan Post also received FTC guidance for second subcontractor issue
Postal service company was asked by a subcontractor to raise the commission fees it paid, in light of rising costs, but made no change.
An investigation conducted by the antitrust watchdog in 2023 and 2024 found that a post office in the Kanto region collected penalty fees from subcontractors without giving them a sufficient explanation.
BUSINESS / Companies
Jan 7, 2025
Japan Post received administrative guidance over poorly explained penalties
Penalty fees for failed deliveries and for complaints about cigarette odors were not explained adequately to subcontractors, the Fair Trade Commission found.
Japan Post said it will incur losses as a result of Yamato Transport exiting their collaboration.
JAPAN / Crime & Legal
Dec 24, 2024
Japan Post seeks ¥12 billion in lawsuit against Yamato Transport
Yamato is backing out of an agreement to outsource the delivery of small thin parcels to Japan Post, the latter said in its suit.
The Bank of Japan’s historic shift this year from radical monetary easing to two interest-rate hikes has sparked volatility in the nation’s securities market as investors speculate on the BOJ’s next move.
BUSINESS / Markets
Oct 17, 2024
Japan Post Insurance markets chief sees Nikkei setting new records after votes
The Nikkei's all-time high, set in July, will probably be "just a passing point,” said Kenichi Kuga, head of global equity and fixed income investment.
A Yamato Transport delivery center in Funabashi, Chiba Prefecture. Japan's parcel delivery firms are expanding drop-off services amid a rise in their redelivery rate and a shortage of truck drivers.
BUSINESS
Jul 12, 2024
Availability of parcel drop-off services increasing in Japan
The services are expected to help reduce redeliveries to lessen the heavy burden on delivery vehicle drivers.
Japan Post Bank will expand investment into long-term government bonds to take advantage of rising yields.
BUSINESS / Companies
Jun 20, 2024
Japan Post Bank to buy more bonds in light of BOJ taper plan
Japan Post Bank has ramped up investment in JGBs with the balance of holdings totaling ¥5.15 trillion as of March, expanding 1.5-fold from levels in December last year.
Yamato Transport drivers push carts loaded with parcels for distribution in Sapporo.
BUSINESS / Companies
Jun 14, 2024
Japan logistics firms work to reduce parcel redeliveries
The government aims to lower the rate of parcel redeliveries from 10% in fiscal 2022 to 6% in fiscal 2024.
Postage rates in Japan are set to increase to ¥110 from ¥84 for standard-size letters weighing 25 grams or less and to ¥85 from ¥63 for postcards.
JAPAN
Jun 14, 2024
Japan Post announces October postage hike
Rates will increase to ¥110 from ¥84 for standard-size letters weighing 25 grams or less, and to ¥85 from ¥63 for postcards.
Postage rates for sealed letters and other documents are expected to be raised by 30% as early as October, the first rise in 30 years aside from when prices increased along with consumption tax hikes.
JAPAN
Jun 7, 2024
Postage rate hikes seen denting New Year's card tradition in Japan
The tradition of sending New Year's greetings on postcards began in 1873 with the introduction of postcards.
Japan Post Insurance, one of the nation’s biggest life insurers, held about ¥60.9 trillion in assets as of the end of March, of which around ¥47.7 trillion were securities, mainly government bonds.
BUSINESS / Markets
Jun 3, 2024
Japan Post goes slow in buying longest bonds after BOJ rate hike
Japan Post forecast in April that the 30-year government bond yield will be 2% at the end of March 2025
A Japan Post delivery truck. Certain parcels will take longer to arrive under changes set to begin in April.
BUSINESS / Companies
Jan 31, 2024
Japan Post announces delayed timeframes for express deliveries
The changes come as part of an effort to cope with stricter regulations on truck drivers’ working hours.
The Alumy website, which offers a service for companies that want to connect with individuals who have quit their jobs
BUSINESS / Companies
Dec 31, 2023
More Japanese companies move to rehire former employees
Previously, it had been widely believed that quitting a job means completely severing the relationship with the employer.
The government may sell stakes in some major firms, including NTT, to fund its growing defense spending.
BUSINESS
Aug 3, 2023
Raising the stakes: Japan may sell shares to fund defense spending
Selling government stakes in some of Japan's biggest firms won't be straightforward, given the need for consensus and changes to laws.
BUSINESS / Companies
Jun 20, 2023
Yamato and Japan Post announce tie-up for mailbox and small parcel deliveries
The two companies are working together to tackle anticipated truck driver shortages, expected when overtime work restrictions come into effect in April next year.
Japan Times
BUSINESS
Mar 6, 2023
Kuroda’s decade at the BOJ changed how Japan’s banks make money
Investors prepare for an eventual normalization of monetary policy with BOJ Gov. Haruhiko Kuroda, who introduced negative interest rates, set to hand over the reins.
Japan avoids commenting on Cleveland-Cliffs CEO's provocative comment
Cleveland-Cliffs is reportedly in talks with North Carolina-based steelmaker Nucor to acquire U.S. Steel.
Strong quake strikes southwestern Japan
A magnitude 6.9 earthquake struck southwestern Japan at 9:19 p.m. on Monday evening
Miyazaki quake falls short of triggering Nankai Trough megaquake advisory
A mirror reflects a collapsed house in the city of Suzu, Ishikawa Prefecture, on Dec. 10, nearly one year after a major earthquake struck nearby on New Year's Day in 2024.
Japanese companies rush to up English-language disclosures in 2025
The Tokyo Stock Exchange will soon require some companies to publish their financials in English in addition to Japanese.
Tokyo plans to subsidize epidurals, but are hospitals ready?
Epidurals during childbirth have long been uncommon in Japan, though they have been growing more popular in recent years.
Japanese companies rush to up English-language disclosures in 2025
The Tokyo Stock Exchange will soon require some companies to publish their financials in English in addition to Japanese.
From wrath to radiance: Why the 'Manyoshu' feels like paradise lost
The entrance gate to Arakura Sengen Shrine in Fujiyoshida, Yamanashi Prefecture, with Mount Fuji in the distance.
Tokyo plans to subsidize epidurals, but are hospitals ready?
Epidurals during childbirth have long been uncommon in Japan, though they have been growing more popular in recent years.
Due north: Foreign-born guides introduce Hokkaido’s unique charms
Lantoko, a company operated by Taiwan native Ping-Fang Lan, offers drift ice walking tours and other exhilarating experiences in and around Shiretoko National Park.
30 minutes with Yuzuru Hanyu
Yuzuru Hanyu smiles during an interview in his hometown of Sendai in between performances of his latest tour, Ice Story.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

It's back to the classroom for some residents as municipal governments across the country conduct lessons to learn how to use new technologies.
Can aging Japan go digital without leaving anyone behind?
By Tomoko Otake

SUSTAINABLE JAPAN

SWCC keeps changing with keyword ‘new challenges’
SWCC keeps changing with keyword ‘new challenges’

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